Trump Taps Clinton, Obama Donor as National Finance Chair

Steven Mnuchin also worked for George Soros

Steven Mnuchin
Steven Mnuchin / AP
May 5, 2016

Donald Trump’s presidential campaign announced Thursday that Steven Mnuchin, a former partner at Goldman Sachs who has donated to Hillary Clinton and Barack Obama, will serve as his national finance chairman.

Mnuchin has also worked as an investment professional for Soros Fund Management LLC, a hedge fun management firm run by George Soros, a billionaire Democratic donor who has sent millions to pro-Hillary Clinton PACs this election cycle.

Mnuchin, who currently serves as chairman and CEO of the private investment firm Dune Capital Management LP, has contributed tens of thousands of dollars to Democratic campaigns and committees over the years, according to a review of Federal Election Commission records.

Mnuchin has contributed to committees supporting Democrat Hillary Clinton, Trump’s likely competitor in the general election for president in the fall. He contributed $1,000 to Clinton’s New York Senate campaign in 2000 and sent $4,100 to Friends of Hillary in 2004 and 2005. Mnuchin also contributed $2,300 to Clinton’s presidential campaign in 2007.

Additionally, in 2004, Mnuchin contributed $10,000 to the Democratic Senatorial Campaign Committee, $2,000 to Obama’s Illinois Senate campaign, and $500 to John Kerry’s presidential campaign.

Mnuchin also sent $2,300 to Obama’s first presidential campaign in 2007.

Trump cheered Mnuchin’s "successful financial background" in a statement Thursday.

"Steven is a professional at the highest level with an extensive and very successful financial background," Trump said in the statement. "He brings unprecedented experience and expertise to a fundraising operation that will benefit the Republican Party and ultimately defeat Hillary Clinton."

While Mnuchin has also contributed to Republicans, including Mitt Romney, his contributions to Democrats outweighs those to Republicans.

With the exits of Sen. Ted Cruz (Texas) and Ohio Gov. John Kasich from the Republican primary race this week, Trump is the presumptive GOP nominee. Many party leaders, however, have openly criticized the frontrunner for his controversial comments and proposals, refusing to support him.

The Trump campaign did not respond to a request for comment by press time.